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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 22, 1996
METRICOM, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-19903 77-0294597
(State of jurisdiction) (Commission File No.) (IRS Employer
Identification No.)
980 University Avenue
Los Gatos, CA 95030-2375
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (408) 399-8200
1.
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Item 5. Other Events
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On August 22, 1996, Metricom, Inc. issued a press release announcing a
private placement of 8% convertible subordinated notes due 2003, which is filed
herewith as Exhibit 99.1 and incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
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(c) Exhibits.
<TABLE>
<CAPTION>
Exhibit
Number Description
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<S> <C>
99.1 Press Release, dated August 22, 1996.
</TABLE>
2.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Metricom, Inc.
Dated: August 22, 1996 By: /s/ William D. Swain
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William D. Swain
Chief Financial Officer and Secretary
3.
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EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
Number Description
- ------- -----------
<S> <C>
99.1 Press Release, dated August 22, 1996.
</TABLE>
4.
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Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact: William D. Swain
Chief Financial Officer
Metricom, Inc.
(408) 399-8200
Los Gatos, California, August 22, 1996 -- Metricom, Inc. (NASDAQ/NMS: MCOM)
announced today that it is making a private offering of $45,000,000 principal
amount of 8% convertible subordinated notes due 2003, with a conversion price of
$14.55 per share, in a private placement. Metricom plans to use the net proceeds
from the offering to finance the continuing development, deployment and
commercialization of Metricom's Ricochet networks. The offering will be made
only by means of a confidential offering memorandum to qualified investors. The
securities to be offered have not been registered under the Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.
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